Halliburton beat analysts' estimates for fourth-quarter profit on Wednesday, helped by higher demand for oilfield services and equipment from international markets, sending its shares up 1.8 per cent before the bell.
On an adjusted basis, the Houston-based company earned 70 cents per share in the quarter, compared with the average analyst estimate of 69 cents, according to data compiled by LSEG.
Offshore exploration and drilling in the Middle East, Africa and Asia have boosted demand for oilfield services, with producers seeking to expand their inventories.
The company expects 2025 to be sequentially softer in North America, Halliburton CEO Jeff Miller said.
(Reporting by Seher Dareen in Bengaluru; Editing by Shounak Dasgupta)